Electronic Investor

Screens for the Melt-Up

S&P Capital IQ expects an imminent rally. Here are a few ways to pick the best stocks for the uptick.

S&P Capital IQ just raised its 12-month price target for the Standard & Poor's 500 to 1895, about 7% above its Nov. 6 close of 1770. Among the big beneficiaries by early 2014 will be yield-bearing stocks and funds, suggests Sam Stovall, the firm's chief equity strategist. He doesn't expect the Federal Reserve to start tapering this year or even possibly early next, ensuring that the markets are plenty liquid.

Stovall says investors should take full electronic advantage in selecting the best stocks to play this...